ENG 0.00% 89.0¢ engin limited

result fy08, page-13

  1. 51 Posts.
    Standup,

    To clarify re dividends - s254T of the Corps Act stipulates that dividends may only be paid out of profits (this includes retained) - so don't expect divs for a while out of MNF.

    Engin launched 4 years ago - 2004, not 8.

    To conclude my discussion on this topic, the thing that has enticed me to make a small investment in ENG is:

    1. The revenue base is $20m
    2. Losses are reducing Q1: -4.2 Q2: -4.2 Q3: -2.7 Q4: -1.0
    3. They have invested in infrastructure to handle scale

    Over and out.
 
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Currently unlisted public company.

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